Robinhood's Crypto Customers Can Now Trade Aave and Tezos
The popular trading app now offers 19 crypto assets.
Oct 24, 2022 at 2:35 p.m. UTC:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/3TBO4MB7U5G4TBX2ZVXCP6644Q.jpg)
Traders can now buy and sell AAVE and XTZ on Robinhood's app. (Unsplash)
Helene is a U.S. markets reporter at CoinDesk, covering the US economy, the Fed, and bitcoin. She is a recent graduate of New York University's business and economic reporting program.
Trading app Robinhood Markets (HOOD) has added support for cryptocurrencies aave (AAVE) and tezos (XTZ) to its platform, the company announced on Twitter on Monday.
- The native crypto currency of decentralized lending platform Aave, AAVE, has gained 7% over the past 24 hours and is up 18% in October. The token is down 75% over the past year.
- XTZ was little changed on Monday and is down modestly this month. It has also dropped roughly 75% over the past year. An open-source smart contract platform used to issue new digital assets and create decentralized applications (dapps), Tezos recently announced a partnership with Shopify.
DISCLOSURE
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
:format(webp)/www.coindesk.com/resizer/Bq34fFDLQLAxJq7jRzq--axWcvs=/arc-photo-coindesk/arc2-prod/public/BPHZ3N4FINGKHP4PJNCM265SOM.jpg)
Helene is a U.S. markets reporter at CoinDesk, covering the US economy, the Fed, and bitcoin. She is a recent graduate of New York University's business and economic reporting program.
Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.
Helene is a U.S. markets reporter at CoinDesk, covering the US economy, the Fed, and bitcoin. She is a recent graduate of New York University's business and economic reporting program.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/45IGQGPRWVESFPQR5QKVNLGQRI.jpg)
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/65P2NG4OLFFATPHHN7AYGTZYGU.jpg)
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/4LY7TBPXOBD3HA4RNIERZHNEEM.jpg)
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/KOKIGZKYNJF7LNLA3RQ6WRWY6A.jpg)